Chinese firms seek assurances from Malaysia on avoiding US tariffs ...Middle East

USA China flag.(Photo: Reuters) 2 min read Last Updated : Jun 25 2024 | 11:15 AM IST Chinese executives have been meeting top Malaysian officials to seek assurances they can avoid US tariffs if they relocate their battery, medical devices and semiconductor manufacturing to the country, the Financial Times reported on Tuesday. The companies have asked Malaysian ministers and senior government officials to lobby against US imposing tariffs on products made or assembled in Malaysia by Chinese groups, the report said, citing three people familiar with the matter. These moves come after the Biden administration last month unveiled steep tariff incre

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Chinese firms seek assurances from Malaysia on avoiding US tariffs ...Middle East

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